AmeriCredit Corp. is a leading independent automobile finance company that provides financing solutions indirectly through auto dealers across the United States. Founded in Fort Worth, Texas in 1992, AmeriCredit has approximately one million customers and $12 billion in auto receivables.
Experienced Market Leader
AmeriCredit maintains a meaningful share of a highly fragmented market in the nonprime auto finance industry.
- Our management team brings years of experience, knowledge and understanding of the auto finance industry to meet the needs of dealers and consumers.
Our underwriting abilities come from analyzing years of customer data and portfolio performance through economic cycles.
Our Customers
AmeriCredit is focused on meeting the fundamental auto finance needs of middle-market consumers. Our auto financing products enhance the personalized service we provide to dealers nationwide through our network of credit centers.
Liquidity and Funding
AmeriCredit relies on warehouse facilities for short-term funding of our loan originations. We have committed warehouse facilities for non-prime receivables of $1.9 billion. Our facilities are non-recourse to AmeriCredit Corp. and have fixed advance rates based on portfolio credit performance. We access the asset-backed securitization market to permanently fund our loan originations. Since 1994, we have executed 65 securitization transactions with notes totaling more than $55.2 billion through our established securitization program. |
